At October 1, 2022 and January 1, 2022, the Company’s lease assets and lease liabilities, primarily for its studios and corporate offices, were as follows:


	October 1, 2022		January 1, 2022
Assets:
Operating lease assets	$	79,911	$	89,902
Finance lease assets		72		127
Total leased assets	$	79,983	$	90,029

Liabilities:
Current
Operating	$	18,457	$	20,297
Finance		38		75
Noncurrent
Operating	$	70,848	$	78,157
Finance		9		29
Total lease liabilities	$	89,352	$	98,558

For the three and nine months ended October 1, 2022 and October 2, 2021, the components of the Company’s lease expense were as follows:


	Three Months Ended					Nine Months Ended
	October 1,			October 2,		October 1,		October 2,
	2022			2021		2022		2021
Operating lease cost:
Fixed lease cost	$	9,071		$	8,533	$	24,974	$	29,359
Lease termination cost		(189	)		2,320		1,912		8,680
Variable lease cost		7			6		20		15
Total operating lease cost	$	8,889		$	10,859	$	26,906	$	38,054
Finance lease cost:
Amortization of leased assets		25			36		86		116
Interest on lease liabilities		4			2		6		7
Total finance lease cost	$	29		$	38	$	92	$	123
Total lease cost	$	8,918		$	10,897	$	26,998	$	38,177

In conjunction with the continued rationalization of its real estate portfolio, the Company has decided to enter into a sublease, which resulted in a lease asset impairment charge of $1,828 that was recognized in general and administrative expenses in the Company's consolidated statements of net income for the three and nine months ended October 1, 2022. The Company expects to begin recording sublease income as of the sublease commencement date in the fourth quarter of fiscal 2022 as an offset to general and administrative expenses.

At October 1, 2022 and January 1, 2022, the Company’s weighted average remaining lease term and weighted average discount rates were as follows:


	October 1, 2022		January 1, 2022
Weighted Average Remaining Lease Term (years)
Operating leases		7.00		7.29
Finance leases		1.00		1.54

Weighted Average Discount Rate
Operating leases		7.01		7.15
Finance leases		3.39		5.31

The Company’s leases have remaining lease terms of 0 to 10 years with a weighted average lease term of 6.99 years as of October 1, 2022.

At October 1, 2022, the maturity of the Company’s lease liabilities in each of the next five fiscal years and thereafter were as follows:


	Operating Leases		Finance Leases		Total
Remainder of fiscal 2022	$	4,734	$	13	$	4,747
Fiscal 2023		24,872		31		24,903
Fiscal 2024		18,014		4		18,018
Fiscal 2025		12,575		—		12,575
Fiscal 2026		9,683		—		9,683
Fiscal 2027		9,376		—		9,376
Thereafter		36,089		—		36,089
Total lease payments	$	115,343	$	48	$	115,391
Less imputed interest		26,038		1		26,039
Present value of lease liabilities	$	89,305	$	47	$	89,352

Supplemental cash flow information related to leases for the nine months ended October 1, 2022 and October 2, 2021 were as follows:


	Nine Months Ended
	October 1,		October 2,
	2022		2021
Cash paid for amounts included in the measurement of lease liabilities
Operating cash flows from operating leases	$	24,244	$	31,021
Operating cash flows from finance leases	$	6	$	7
Financing cash flows from finance leases	$	86	$	116

Leased assets obtained (modified) in exchange for new (modified) operating lease liabilities	$	11,160	$	(496	)
Leased assets obtained in exchange for new finance lease liabilities	$	44	$	81